SadaNews – The escalating geopolitical tensions in the Arab world continue to dictate the rhythm of global financial markets, amid a broad reassessment by investors of hedging options and safe havens.
In the latest trading on global markets, the price of an ounce of gold was recorded at around $4,509.
Similarly, silver prices in spot transactions were recorded at around $75 per ounce, moving in parallel with the cautious movements observed in precious metals as key hedging tools during times of political and economic uncertainty.